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The notion persists that battery technology and cost remain as barriers to commercialization of electric-drive passenger vehicles. Within the context of starting a market for plug-in hybrid electric vehicles (PHEVs), we explore two aspects of the purported problem: (1) PHEV performance goals and...
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The secondary benefits of the ZEV Program have been discussed in this report in terms of nine categories – (1) patents, (2) government/industry consortia, (3) new economic activity in California, (4) advanced vehicle development, (5) vehicle emissions outside California, (6) low-speed...
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This paper examines the prevalence and the determinants of informal entrepreneurial investment activity (including investors in firms of family and friends, and business angels), using a dataset of more than 175,000 individuals -- including some 4000 informal investors -- in 28 highly developed...
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The main contribution of entrepreneurship theory to economics is to provide an account of market performance in disequilibrium but little empirical research has examined firm entry and exit in this context. We redress this by modelling the interrelationship between firm entry and exit in...
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